Author Archives: pdgweb

Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of the year. Read More at https://cointelegraph.com/markets/bitcoin-absorbs-fed-rate-hike-as-officials-see-more-tightening?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The legislation would effectively codify Trump’s Bitcoin reserve policy, locking up Bitcoin acquired through civil and criminal forfeiture for 20 years. Read More at https://cointelegraph.com/news/us-bitcoin-reserve-bill-passes-house-committee?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends. Read More at https://cointelegraph.com/news/clarity-act-could-get-another-shot-during-lame-duck-session-policy-advocate-says?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The FCA’s new guidance outlines which crypto activities may require authorization as firms prepare for the UK’s incoming digital asset regulatory regime. Read More at https://cointelegraph.com/news/uk-fca-sets-crypto-authorization-guidance-ahead-of-september-application-window?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset transactions. Read More at https://cointelegraph.com/news/house-tax-committee-advances-crypto-tax-overhaul-in-385-vote?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Anchorage Digital Bank added custody support for Etherlink and several Etherlink-based assets, including xU3O8, a token representing physical uranium. Read More at https://cointelegraph.com/news/anchorage-digital-brings-tokenized-uranium-custody-to-federally-chartered-crypto-bank?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A strategist at the Danish bank said Coinbase has more at stake in the CLARITY setback because its trading business is directly exposed to US market-structure rules. Read More at https://cointelegraph.com/news/coinbase-clarity-act-exposure-saxo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price support materialized around $68,000 as markets saw a 93% chance of the Fed hiking rates by 0.25% on Wednesday. Read More at https://cointelegraph.com/markets/bitcoin-awaits-fed-rate-decision-below-76k-as-analysis-discounts-dovish-surprise-odds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Zero-knowledge technology could let companies verify who you are without storing your identity documents. So why isn’t it already standard practice? Read More at https://cointelegraph.com/magazine/revolut-id-thefts-highlight-kycs-dangers-heres-how-to-fix-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on Tuesday. Read More at https://cointelegraph.com/news/bernstein-aggressive-rulemaking-sec-cftc-clarity-act?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound